Morgan Stanley, HSBC slash crude oil supply forecast; Brent average pegged near $70 for 2025 after OPEC+ verdict | Stock Market News
Source: Live Mint Morgan Stanley and HSBC revised down their expectations for an oil market surplus next year and forecast a Brent price of $70 per barrel, following a decision by OPEC to delay and slow plans for higher output. On Thursday, OPEC , which groups the Organization of the Petroleum Exporting Countries and allies…